RE: Gasprom -announces-indefinite-shutdown-of-pipeline4 Sep 2022 10:52
A word of caution amidst the enthusiasm from yesterday's Telegraph........ Albeit I am an ardent holder!
"We all know what happens when a bubble like this is reversed. Prices start to tumble dramatically. In fact, there were already signs of that this week, with gas prices dropping by more than 20pc in a single session (always a signal of a market that has gone haywire). Futures dropped another 17pc yesterday. Add in a mild-ish winter, and some extra LNG shipments from the Middle East, and the gas price could be back to its long-term averages very quickly. "